This screen is displayed by clicking Services in the EasyBooks sidebar. The screen lists each service you offer and the sales you have made for those services. The sales include all those to specified customers (which are paid following a sales invoice) and all those that are paid immediately at the time of the sale.
From this screen, you can enter new sales for services and enter any payments you have received.
The screen lists all your services, grouped by the income account that they are linked to.
You can click All Service Transactions to list all transactions, or a specific service to list only those transactions that are applicable to the service.
Before using this screen, make sure that you have at least one service defined.
A service is a product you sell on a per-unit basis that has no associated asset value. This means that when you sell a service, it does not decrease stock or other business assets. An example of a service may be professional services sold by the hour, or equipment hired on a daily basis.
Services are included in the Best sellers report.
In addition to the above, you can:
Payments (from customers): In the context of customers, a payment is an amount of money received from a customer. When you enter a payment, you specify the account (normally a bank account) in which you will receive the income. This allows you to check the payments against, for example, the statements your bank sends you (a feature of double-entry bookkeeping).
A payment reduces the amount the customer owes and increases the balance of the account in which it is received, which in turn affect items such as the Balance Sheet, Trial Balance, Customer Aged Debt and any adjustments for the cash-based VAT scheme. A payment does not further affect your sales income and therefore other related items such as the Profit and Loss report.
Credits (to customers): A credit decreases the amount a customer owes and your income. It has the reverse effect to a sale.
For details of how to carry out tasks in the Services screen, please refer to: